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political settlements

Understanding the relevance of political settlements for the Bank’s work

Sakuntala Akmeemana's picture

Man and boy on grazing landThe post-conflict literature amongst practitioners (including the Bank’s WDR 2011 and the OECD’s INCAF) has increasingly focussed on the role of ‘inclusive enough’ political settlements as a precondition for political stability and economic growth.  What does this mean? Can an understanding of political settlements help mould the Bank’s responses to moments of crisis in our client countries or inform our “business as usual” operations in countries where the seeds of future violence are apparent or looming?  How do we recognize tenuous settlements, where grievances are likely to lead to an outbreak of, or return to, widespread conflict?